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#4. (10 Marks) Party Animals orders 5,200 stuffed giraffes per year, at $6 per tiger, FOB destination. Party Animals earns 3% on its cash investments.
#4. (10 Marks) Party Animals orders 5,200 stuffed giraffes per year, at $6 per tiger, FOB destination. Party Animals earns 3% on its cash investments. The purchase order lead time is 4 weeks. The following data are available: Estimated ordering costs per purchase order $35 Estimated insurance, materials handling, breakage, and so on, per year $2 Actual ordering costs per order Required: What is the cost of the prediction error? fit leath Canon manufactures to different tynes of vitamins
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